Market Overview

Chipotle Issues Downbeat Q4 Profit Forecast

Related CMG
Bear of the Day: Panera (PNRA) - Bear of the Day
Chipotle Opens Up; Analyst Says Street Comp View Too Low
Here's How McDonald's Can Get its Mojo Back (Fox Business)

Chipotle Mexican Grill (NYSE: CMG) issued downbeat profit forecast for the fourth quarter.

Chipotle expects Q4 net income of $1.92 to $1.97 per share on revenue of $699.2 million. However, analysts were expecting a profit of $2.09 per share on revenue of $690.7 million.

Chipotle shares gained 0.46% to close at $297.32 yesterday.

Posted-In: profitEarnings News Guidance

 

Related Articles (CMG)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters

Benzinga Professional